[quote]countingbeans wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
I seriously doubt some one would be making $20 to $30 an hour either unless of course you are Union 
[/quote]
I make a fuck load more than that and am not in a union.
[/quote]
Best part is my wife is in a union and makes much less than I do, lol.
misconception is a misconception.
[/quote]
you wife a Teacher ?
[quote]Aragorn wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
The only aspect that has not gone up is the price of labor.
[/quote]
Utter bullshit.
People always want more. More paid time off, more paternity benefits, more health insurance, more 401k match, more computer screens, gas car, expense account, mother’s hours, firm lunches, Christmas parties, flex time, ipads, new technology, etc, etc, etc.
Health Insurance alone has eaten up more raises than I can shake a stick at.
Add in government mandated overhead increases and suddenly you realize you are spending a shit ton more for the same hour of labor you were before, without even getting to the pay increase for the employee. [/quote]
You’re absolutely right (in other news, astronomers know more about stars than the average man). Further lets look at the increase in benefits, vacation time, sick time, etc.
So, in short, even if the average wage had stayed 100% with inflation rises, you would still net more because you’re getting more vacation, more benefits, better retirement, and all the rest on the national scale. In fact, even if wages had marginally stagnated the overall net benefit would probably still be more than keeping pace with inflation.
But wait, there’s more…
Average wage has in fact increased, and therefore so has pittbull’s beloved “price of labor”. Average wage index has increased from 16.8K in 1986 to 44.3K in 2012. Average inflation in the same time period is ~ 3% while the average wage increase was greater than the inflation rate over this period of time.
To be more precise, from the period in time 1985-2012 inflation has increased 113% and the average wage increase is… 264%.
Oh wow, would you look at that.[/quote]
I don’t know what fuckin:) Planet you and beans grew up on but you two should go back and get a room
[quote]Aragorn wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
The only aspect that has not gone up is the price of labor.
[/quote]
Utter bullshit.
People always want more. More paid time off, more paternity benefits, more health insurance, more 401k match, more computer screens, gas car, expense account, mother’s hours, firm lunches, Christmas parties, flex time, ipads, new technology, etc, etc, etc.
Health Insurance alone has eaten up more raises than I can shake a stick at.
Add in government mandated overhead increases and suddenly you realize you are spending a shit ton more for the same hour of labor you were before, without even getting to the pay increase for the employee. [/quote]
You’re absolutely right (in other news, astronomers know more about stars than the average man). Further lets look at the increase in benefits, vacation time, sick time, etc.
So, in short, even if the average wage had stayed 100% with inflation rises, you would still net more because you’re getting more vacation, more benefits, better retirement, and all the rest on the national scale. In fact, even if wages had marginally stagnated the overall net benefit would probably still be more than keeping pace with inflation.
But wait, there’s more…
Average wage has in fact increased, and therefore so has pittbull’s beloved “price of labor”. Average wage index has increased from 16.8K in 1986 to 44.3K in 2012. Average inflation in the same time period is ~ 3% while the average wage increase was greater than the inflation rate over this period of time.
To be more precise, from the period in time 1985-2012 inflation has increased 113% and the average wage increase is… 264%.
Oh wow, would you look at that.[/quote]
Year No. of Households Nominal $ Inflation Adjusted $
2012 122,459,000 $50,099 $51,017
1985 88,458,000 $22,109 $48,063
[quote]BlueCollarTr8n wrote:
[quote]Aragorn wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
The only aspect that has not gone up is the price of labor.
[/quote]
Utter bullshit.
People always want more. More paid time off, more paternity benefits, more health insurance, more 401k match, more computer screens, gas car, expense account, mother’s hours, firm lunches, Christmas parties, flex time, ipads, new technology, etc, etc, etc.
Health Insurance alone has eaten up more raises than I can shake a stick at.
Add in government mandated overhead increases and suddenly you realize you are spending a shit ton more for the same hour of labor you were before, without even getting to the pay increase for the employee. [/quote]
You’re absolutely right (in other news, astronomers know more about stars than the average man). Further lets look at the increase in benefits, vacation time, sick time, etc.
So, in short, even if the average wage had stayed 100% with inflation rises, you would still net more because you’re getting more vacation, more benefits, better retirement, and all the rest on the national scale. In fact, even if wages had marginally stagnated the overall net benefit would probably still be more than keeping pace with inflation.
But wait, there’s more…
Average wage has in fact increased, and therefore so has pittbull’s beloved “price of labor”. Average wage index has increased from 16.8K in 1986 to 44.3K in 2012. Average inflation in the same time period is ~ 3% while the average wage increase was greater than the inflation rate over this period of time.
To be more precise, from the period in time 1985-2012 inflation has increased 113% and the average wage increase is… 264%.
Oh wow, would you look at that.[/quote]
Year No. of Households Nominal $ Inflation Adjusted $
2012 122,459,000 $50,099 $51,017
1985 88,458,000 $22,109 $48,063
[/quote]
You have to be careful to factor in household size.
Per capita is a much more comparable number than household.
[quote]pittbulll wrote:
Now I am not Union but I work for a Contractor that works for a Union Shop and the Union stipulates I must be paid Union Scale (THANK YOU VERY MUCH:)
[/quote]
So… You get the benefit without paying into the Union…
How very, democrat of you.
[quote]countingbeans wrote:
[quote]BlueCollarTr8n wrote:
[quote]Aragorn wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
The only aspect that has not gone up is the price of labor.
[/quote]
Utter bullshit.
People always want more. More paid time off, more paternity benefits, more health insurance, more 401k match, more computer screens, gas car, expense account, mother’s hours, firm lunches, Christmas parties, flex time, ipads, new technology, etc, etc, etc.
Health Insurance alone has eaten up more raises than I can shake a stick at.
Add in government mandated overhead increases and suddenly you realize you are spending a shit ton more for the same hour of labor you were before, without even getting to the pay increase for the employee. [/quote]
You’re absolutely right (in other news, astronomers know more about stars than the average man). Further lets look at the increase in benefits, vacation time, sick time, etc.
So, in short, even if the average wage had stayed 100% with inflation rises, you would still net more because you’re getting more vacation, more benefits, better retirement, and all the rest on the national scale. In fact, even if wages had marginally stagnated the overall net benefit would probably still be more than keeping pace with inflation.
But wait, there’s more…
Average wage has in fact increased, and therefore so has pittbull’s beloved “price of labor”. Average wage index has increased from 16.8K in 1986 to 44.3K in 2012. Average inflation in the same time period is ~ 3% while the average wage increase was greater than the inflation rate over this period of time.
To be more precise, from the period in time 1985-2012 inflation has increased 113% and the average wage increase is… 264%.
Oh wow, would you look at that.[/quote]
Year No. of Households Nominal $ Inflation Adjusted $
2012 122,459,000 $50,099 $51,017
1985 88,458,000 $22,109 $48,063
[/quote]
You have to be careful to factor in household size.
Per capita is a much more comparable number than household. [/quote]
The median paycheck â?? half made more, half less â?? fell again in 2010, down 1.2 percent to $26,364.
*perhaps it has rebounded some since 2010.
Got a link?
Here’ s mine for my post. AWI history, National Average Wage Index
http://www.usinflationcalculator.com/ --gives the same result over the time range as the US Bureau of Labor calculator
So according to here Average Wage Index (AWI)
Aggregate wage is up 280% since Evil Ronnie was president, and total workers only up 36%.
However if you look here you see Average wages, median wages, and wage dispersion
Median wages up 89%.
So this means the higher paid positions have had a faster increase, but the lower wages workers (who drag the median down) have also had increases as well.
[quote]countingbeans wrote:
So according to here Average Wage Index (AWI)
Aggregate wage is up 280% since Evil Ronnie was president, and total workers only up 36%.
However if you look here you see Average wages, median wages, and wage dispersion
Median wages up 89%.
So this means the higher paid positions have had a faster increase, but the lower wages workers (who drag the median down) have also had increases as well. [/quote]
Yes.
[quote]BlueCollarTr8n wrote:
2012 was released yesterday.
http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2012
[/quote]
1990 median is 14k, in 2012 it is 27k.
So it doubled.
[quote]BlueCollarTr8n wrote:
[quote]countingbeans wrote:
So according to here Average Wage Index (AWI)
Aggregate wage is up 280% since Evil Ronnie was president, and total workers only up 36%.
However if you look here you see Average wages, median wages, and wage dispersion
Median wages up 89%.
So this means the higher paid positions have had a faster increase, but the lower wages workers (who drag the median down) have also had increases as well. [/quote]
Yes.
[/quote]
Okay, lol.
Just making sure we’re on the same page.
[quote]pittbulll wrote:
I don’t know what fuckin:) Planet you and beans grew up on but you two should go back and get a room
[/quote]
We live on the planet where facts and circumstances actually dictate that what we have said is true.
Quite like your continued chosen ignorance on taxation, you’ll ignore the links and charts posted above.
[quote]countingbeans wrote:
[quote]BlueCollarTr8n wrote:
[quote]countingbeans wrote:
So according to here Average Wage Index (AWI)
Aggregate wage is up 280% since Evil Ronnie was president, and total workers only up 36%.
However if you look here you see Average wages, median wages, and wage dispersion
Median wages up 89%.
So this means the higher paid positions have had a faster increase, but the lower wages workers (who drag the median down) have also had increases as well. [/quote]
Yes.
[/quote]
Okay, lol.
Just making sure we’re on the same page. [/quote]
I think you know I’m not in favor of increasing the minimum wage or am anti-free markets. I was just clarifying the 264% number.
I must admit that my feeling have changed some since the Bankers Bailout in 07/08 and the Feds ‘free money’ policy since. At the moment in history when the very champions of capitalism had the oppurtunity to back-up thier talk with action; they folded and embraced/initiated the socialist solution. IMO…this should not be forgotten moving forward.
[quote]BlueCollarTr8n wrote:
I must admit that my feeling have changed some since the Bankers Bailout in 07/08[/quote]
Eh, I see it as par for the course with a Bush admin and a Democrat congress. I didn’t expect the whole lot of blue bloods to do any different.
We’re talking about their donors, bundlers, and cabinet position holders.
I guess, at this point, after the slap in the face that Geithner as treasury was, I’m numb to it.
WHile not the same scale obvi, they had one before too. The interest rate manipulation was a part of the bubble in the first place.
I think it was Krugman himself that asked whats-his-face to create it, it was created, and now Krugman blames republicans, lol.
Agree in sprite, but you’re asking politicians to have integrity. You’re old enough to know that is a road to no where, lol.
Yes Beans…regardless of the rules/circumstance; one must find a way to win.
[quote]countingbeans wrote:
[quote]pittbulll wrote:
I don’t know what fuckin:) Planet you and beans grew up on but you two should go back and get a room
[/quote]
We live on the planet where facts and circumstances actually dictate that what we have said is true.
Quite like your continued chosen ignorance on taxation, you’ll ignore the links and charts posted above. [/quote]
You live in a world that that skews reality ,looses it in a fog of numbers and deductions , just like the tax code
[quote]pittbulll wrote:
[quote]countingbeans wrote:
[quote]pittbulll wrote:
I don’t know what fuckin:) Planet you and beans grew up on but you two should go back and get a room
[/quote]
We live on the planet where facts and circumstances actually dictate that what we have said is true.
Quite like your continued chosen ignorance on taxation, you’ll ignore the links and charts posted above. [/quote]
You live in a world that that skews reality ,looses it in a fog of numbers and deductions , just like the tax code
[/quote]
So you will ignore the fact that the average wages have increased?